International Fashion Industry Statistics

To succeed in the aggressive world of fashion design, aspiring designers must master the principles of apparel design and cultivate their personal type. This section will explore the importance of creativity and personal type in style, together with important design rules that function the foundation of any successful clothing design. According to McKinsey’s analysis of fashion forecasts, the worldwide business will publish top-line development of 2 to 4 % in 2024 , with regional and country-level variations. Once again, the luxury phase is anticipated to generate the largest share of economic revenue. However, even there, companies might be challenged by the powerful financial surroundings.


We imagine the proliferation of digital and a stronger stakeholder motion towards sustainability will disrupt the future of apparel value chains and product. Exceeding limitations, breaking boundaries, surpassing expectations — it’s what we’re made for. The Government has constituted Prime Minister’s National Council on Skill Development for coordinated motion for ability development, each within the domain of private and non-private sector. The National Council on Skill Development mandates ability formation to develop the workforce with enhanced skill by way of structured programme and evaluation…

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While product development is a continuing concern for trend manufacturers, signature or core bestselling items might stay in your assortment for years. This is true for basics manufacturers that focus on, say, “the good cotton tee,” a basic that often will get a color update. KOTN’s brand is built around properly made, sustainable fundamentals with core tees selling alongside seasonal releases. Adrienne Butikofer of OKAYOK has kept her production in-house by bringing on staff as she scaled.